Energy & Hydrocarbons

Oil, gas, petrochemicals, Sonatrach, and energy sector developments

Showing 793–804 of 2,983 articles
Energy & Hydrocarbons
Exploring Ways to Enhance Algerian-Russian Partnership in Moscow

Exploring Ways to Enhance Algerian-Russian Partnership in Moscow

Algeria - Today, Thursday in Moscow, the Minister of State, Minister of Energy, Mohamed Arkab, discussed with the Russian Energy Minister, Sergey Tsivilev, ways to enhance bilateral cooperation in the fields of energy and hydrocarbons, on the eve of the thirteenth session of the Algerian-Russian Joint Governmental Committee for Economic, Commercial, Scientific, and Technical Cooperation, according to a statement from the ministry.

Jun 25, 2026aps.dz
Energy & Hydrocarbons
Russian Energy Minister Confirms His Country's Readiness to Enhance Cooperation with Algeria

Russian Energy Minister Confirms His Country's Readiness to Enhance Cooperation with Algeria

On Thursday in Moscow, Minister of State and Minister of Hydrocarbons Mohamed Arkab held extensive talks with Russian Energy Minister Sergey Tsivilev. The meeting comes ahead of the 13th session of the Algerian-Russian Joint Governmental Committee for Economic, Commercial, Scientific, and Technical Cooperation, scheduled to take place on Friday, June 26, 2026, in the Russian capital. Read the full content on Echourouk Online.

Jun 25, 2026echoroukonline.com
Energy & Hydrocarbons
Algeria Signs Joint International Letter Calling for Review of EU Methane List

Algeria Signs Joint International Letter Calling for Review of EU Methane List

The Ministry of Energy announced that Algeria signed on June 23, 2026, a joint open letter calling for a review of the EU methane list, addressed to European Commission President Ursula von der Leyen, European Council President Antonio Costa, and leaders of EU member states. This step, according to the ministry's statement today, Thursday, reflects Algeria's strategic position as a key supplier, […]

Jun 25, 2026echaab.dz
Energy & Hydrocarbons
Four countries call for a review of the EU methane list

Four countries call for a review of the EU methane list

Algeria signed on Tuesday, June 23, an open joint letter calling for a review of the EU methane list, addressed to European Commission President Ursula von der Leyen, President of the European Council Mr. Antonio Costa, and leaders of EU member states. According to a statement from the ministry today, 'This step reflects Algeria's strategic position as a key supplier and a reliable partner for the EU in the energy sector, and demonstrates its steadfast commitment to ensuring supply security and enhancing constructive dialogue with European partners.' Read the full content on Echourouk Online.

Jun 25, 2026echoroukonline.com
Energy & Hydrocarbons
Iraq Threatens to Withdraw from OPEC and Demands Increase in Its Production Quota

Iraq Threatens to Withdraw from OPEC and Demands Increase in Its Production Quota

Iraq has hinted at the possibility of considering withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) if its production quota is not increased. Bloomberg News reported that the spokesperson for the Iraqi Ministry of Oil, Salim Al-Rakabi, stated that Baghdad does not currently intend to leave the organization and is committed to working within its frameworks and mechanisms, but he also indicated that the ministry is moving forward with plans to increase production in line with its capabilities and self-needs. Read the full content on Echourouk Online.

Jun 25, 2026echoroukonline.com
Energy & Hydrocarbons
Withdrawal from OPEC.. Iraq Clarifies

Withdrawal from OPEC.. Iraq Clarifies

The Iraqi Ministry of Oil denied reports regarding Baghdad's threat to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), confirming that this proposal 'does not reflect the official position of the Iraqi government.' It also pointed out the importance of reassessing production ceilings in line with the sustainable production capacities of member countries, taking into account the specific security and economic conditions of Iraq. The ministry stated in a statement that Iraq's demands regarding its production share are addressed within the technical and consensus mechanisms adopted within OPEC and the OPEC+ alliance, noting that member countries have already launched a process to reassess the maximum sustainable production capacity in coordination with an international consulting firm...

Jun 25, 2026echoroukonline.com
Investment & FDI
Arqab in Moscow presents major mining projects and invites Russian companies to invest - Iqtissad Al Balad

Arqab in Moscow presents major mining projects and invites Russian companies to invest - Iqtissad Al Balad

In anticipation of the thirteenth session of the Algerian-Russian Joint Governmental Committee for Economic, Trade, Scientific and Technical Cooperation, the Minister of State, Minister of Energy, Mr. Mohamed Arqab, held talks on Thursday, June 25, 2026, in Moscow with the Minister of Natural Resources and Environment of the Russian Federation, Mr. Alexander Kozlov.

Jun 25, 2026iqtissadalbalad.dz
Energy & Hydrocarbons
Oil prices drop to lowest level since February

Oil prices drop to lowest level since February

Global oil prices fell today, Thursday, continuing their decline and approaching the levels that prevailed before the outbreak of the war between the United States, the Zionist entity, and Iran, due to easing concerns about supply shortages and the gradual return of crude flows through the strategic Strait of Hormuz. By 6:45 GMT, Brent crude futures for August fell by 1.3% to $72.91 per barrel, while West Texas Intermediate crude fell by 1.24% to $69.43 per barrel, marking the lowest technical levels for both crudes since February 27, amid strong indications of ample supply in the near term.

Jun 25, 2026echoroukonline.com